⁍ U.S. House of Representatives Speaker Nancy Pelosi and Treasury Secretary Steve Mnuchin ‘continued to narrow their differences’
Pelosi hopes that by the end of Tuesday there will be ‘clarity’ on whether a coronavirus stimulus bill can be passed before the Nov. 3 elections.


⁍ White House has proposed a $1.8 trillion stimulus to help Americans struggling with the economic ravages of the coronavirus pandemic.


– Senate Majority Leader Mitch McConnell says the GOP-controlled Senate will vote Wednesday on a $500 billion package of spending cuts and tax credits to help states and local governments deal with the economic devastation of the West Nile virus. The package, which includes cuts to unemployment benefits and other programs, is “a step in the right direction,” McConnell said on Monday, per the Hill. But Senate Democratic Leader Chuck Schumer called the plan “emaciated” and said it doesn’t go far enough. Senate Republicans blocked similar proposals last month. The White House has proposed a $1.8 trillion stimulus to help Americans with the economic ravages of the coronavirus pandemic, but Pelosi says that offer fell short in a range of areas, including tax credits for poor people, aid to state and local governments, worker protections, and rent help, Reuters reports. She has stuck to her demand for a $2.2 trillion aid and stimulus package. Congress earlier this year passed $3 trillion in coronavirus relief, and many of the Republicans who control the Senate are loath to pass another giant relief bill. Senate Majority Leader Mitch McConnell said on Monday the Senate would vote on Wednesday on a $500 billion proposal to target specific areas of need. McConnell said the Senate would also have a separate vote on Tuesday on a new round of funding for the Paycheck Protection Program, a popular program that was launched earlier in the pandemic with bipartisan support to provide loans to small businesses. But Senate Democrats have been holding out for a larger overall aid package.



Source: https://www.reuters.com/article/us-health-coronavirus-usa-congress/us-house-speaker-pelosi-mnuchin-narrow-differences-on-aid-bill-pelosi-spokesman-says-idUSKBN2742RU